Unallocated Assets definition

Unallocated Assets has the meaning set forth in the Titling Company Agreement.
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Unallocated Assets means Assets which are not as of the date of this Agreement identified on Schedule 1 hereto as Allocated Assets or Retained Assets.
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Unallocated Assets means Titling Company Assets not allocated to a Series in accordance with a Series Supplement. EXHIBIT B LEASED VEHICLE POWER OF ATTORNEY PURSUANT TO SECTION 2.11(b) OF THE SERVICING AGREEMENT KNOW ALL MEN BY THESE PRESENTS, that Nissan-Infiniti LT LLC, a Delaware limited liability company (the “Grantor”) located at Xxx Xxxxxx Xxx, Xxxxxxxx, Xxxxxxxxx 00000, does hereby appoint Nissan Motor Acceptance Company LLC, a Delaware limited liability company, located at Xxx Xxxxxx Xxx, Xxxxxxxx, Xxxxxxxxx 00000 (the “Grantee”), as its attorney-in-fact with full power of substitution and hereby authorizes and empowers the Grantee, in the name of and on behalf of the Grantor, to take the following actions from time to time with respect to the motor vehicles referred to as “Leased Vehicles” in the Amended and Restated Servicing Agreement, dated as of April 1, 2021 (the “Servicing Agreement”), between Nissan-Infiniti LT LLC, NILT LLC and Nissan Motor Acceptance Company LLC, such Leased Vehicles being more particularly described in the currently effective “Schedule of Leases and Leased Vehicles”, as defined in the Servicing Agreement (such motor vehicles, the “Leased Vehicles”), a copy of which “Schedule of Leases and Leased Vehicles” is maintained by the Grantee and is incorporated herein by this reference as though fully set forth herein, for the purpose of enabling the Grantee in the name of the Grantor to transfer, liquidate or dispose of the Leased Vehicles, upon such terms and conditions as the Grantee deems advisable, namely to:
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Examples of Unallocated Assets in a sentence

  • Following the delivery of the list of the Subject Leases and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Subject Lease is pre-paid in full by the Obligor or reallocated from the 2024-B Series to the Unallocated Assets Series or an Other Series by the Servicer according to the Basic Documents.


More Definitions of Unallocated Assets

Unallocated Assets means the Titling Company Assets that are not allocated to and associated with a Series (other than the Unallocated Assets Series) pursuant to a Series Supplement.
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Unallocated Assets means any assets of a money purchase scheme which have not been specifically allocated for the provision of benefits to or in respect of members (whether generally or individually).
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Unallocated Assets. , in relation to a scheme, means any assets of the scheme which have not been specifically allocated for the provision of benefits to, or in respect of, members (whether generally or individually).
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Unallocated Assets has the meaning set forth in Section 5.25.
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Related to Unallocated Assets

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • Carrying Value means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners’ and Assignees’ Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.

  • Replacement Assets means (1) non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.